Free Coverage Analysis Calculators
Compare policies on what they actually cost, not what they quote
Five tools that combine premium, deductible and limit into figures you can rank: expected annual cost, break-even on a deductible change, the size of a coverage gap, and what a specific claim would leave you paying.
Coverage Analyzer
Compare up to three policies on the total cost of being insured, combining the premium with the share of a claim each one leaves with you.
Result
Lowest expected annual cost
Policy C
That policy’s expected cost
$1,540
- Policy A expected cost
- $1,620
- Policy B expected cost
- $1,690
- Policy C expected cost
- $1,540
- Lowest premium
- Policy B
- Lowest premium amount
- $1,190
- Expected claim cost included
- $200
This is an estimate based on the values you entered. Actual premiums, coverage, eligibility and pricing vary by provider and by individual circumstances.
Expected annual cost adds the premium to the share of a typical claim you would pay yourself, weighted by how often you expect to claim. It is a planning comparison, not a prediction.
A policy is more than its price. Check exclusions, claim service, endorsements and the financial strength of the carrier before switching.
Policy comparison
| Policy | Annual premium | Deductible | Limit | Expected annual cost |
|---|---|---|---|---|
| Policy A | $1,520 | $500 | $250,000 | $1,620 |
| Policy B | $1,190 | $2,500 | $250,000 | $1,690 |
| Policy C | $1,340 | $1,000 | $250,000 | $1,540 |
Read the full guide, worked examples and FAQ for this calculator →
Popular tools
The calculators visitors to InsuranceCoverageTools open most often.
- Coverage & Limits
Coverage Analyzer
Compare up to three policies on the total cost of being insured, combining the premium with the share of a claim each one leaves with you.
Open calculator → - Coverage & Limits
Deductible Comparison Tool
Put two deductible options side by side and see the annual saving, the extra exposure and the claim-free years needed to break even.
Open calculator → - Coverage & Limits
Coverage Gap Analyzer
Compare the coverage you need against the coverage you hold, and estimate what closing the difference would cost.
Open calculator → - Coverage & Limits
Out-of-Pocket Estimator
Work out what a specific claim would actually cost you once the deductible, coinsurance, out-of-pocket maximum and coverage limit are applied.
Open calculator → - Comparison
Policy Limit Comparison
Project two policies forward at their own expected increase rates to see which is cheaper over the period you actually intend to keep it.
Open calculator →
Insurance is quoted as a price and bought as a structure. Two policies at the same premium can leave you in completely different positions once the deductible, the coinsurance share and the coverage limit are applied to a real claim.
These tools do the arithmetic that a quote sheet leaves out. None of them can tell you which carrier settles claims well - nothing can, from numbers alone - but they will tell you which offer is genuinely cheaper once the structure is taken into account.
Browse by category
Coverage & Limits
Decide how much cover the numbers support and where the gaps are.
Why use InsuranceCoverageTools
One comparable number
Expected annual cost combines the premium with the share of a claim each policy leaves with you, so three offers can be ranked on the same basis.
The order of operations, applied properly
Deductible first, coinsurance on the remainder, the limit above it. Getting that sequence right changes the answer substantially.
Multi-year projection
Introductory pricing wins year one. The comparison tool projects both policies forward so you can see when the cheaper one changes.
Assumptions stated, never hidden
Every tool lists what it does and what it deliberately ignores, so you can judge whether the result fits your situation.
How it works
- Gather the premium, deductible and limit for each policy you are considering.
- Estimate a typical claim size and how often you claim, from your own history.
- Run the coverage analyzer to rank the offers on expected annual cost.
- Use the deductible and out-of-pocket tools to test the structure of the winner.
Frequently asked questions
Is expected annual cost a prediction?
No. Nobody claims 0.2 times in a year. It is a device for putting two different risk-sharing structures onto one comparable scale - the same reasoning an insurer applies when pricing them.
What claim frequency should I enter?
Your own history. Two claims in fifteen years is roughly 0.13. Guessing high favours low-deductible policies and guessing low favours high-deductible ones, so use real numbers.
Can these tools tell me which carrier is best?
No. Claim-handling reputation, exclusions and financial strength are not numbers. Use these tools to shortlist on price and structure, then read the policy wording.
Do you send my figures anywhere?
No. Every calculation runs in your browser. Nothing you enter is transmitted, logged or stored.
Do I need to sign up?
No. There are no accounts on this site and no email is required.